global market

World trade network

The global market is the worldwide system of trade and exchange across national boundaries.

It encompasses international commerce in goods, services, and capital: Companies now compete in a global market.

The term often appears in discussions of economic interconnection—how events in one country ripple through economies elsewhere.

A product designed for the global market aims to appeal across cultures and regions.

Opposites
geographic scope

global marketlocal market

Nearby retail establishment

domestic market · regional market · neighborhood market · national market · village market

economic integration

global marketautarky

Complete economic independence

protectionism · economic nationalism · self-sufficiency · trade barriers · import substitution

market structure

global marketsubsistence economy

System without market surplus

command economy · planned economy · barter system · gift economy · autarky

Family

market, globe, global, marketing, supermarket, globalization, markets, marketplace, marketer

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G